Values

My Values and Money

Take a moment to think about your personal and life values. They affect how you think about and how you deal with money. Money and values should go hand-in-hand because your values can act as a guide for your financial habits. Think of your life values as your priorities. The things that are most important to you are what you should be spending your money on.

Step 1: Identify your life values

Mark how important each of the values in the Worksheet are to you. Include any values that are not in the list under “Other”.

Step 2: Prioritize and examine your values

Examine your top three values and in the Worksheet, reflect on why they are important to you and how they affect the way you spend money.

Step 3: Analyse your spending using your values

You can continue to self-reflect on your values as you create or modify a budget.

As you track your spending, look at each item that you spend money on and ask yourself the following questions:

1. Does this align with my values? (Yes or no)

2. What value does it align with?

3. Is there a substitute to meet the same value that costs less?